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. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boost safety and productivity. >> reporter: three years ago, this long island hospital had a problem: healthcare workers weren't cleaning their hands as often as required. >> 100,000 people die each year in the united states fro
. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p...
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Sep 12, 2012
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and another warning about the fiscal cliff-- find a solution or risk a lower credit rating for america. that and more tonight on nbr! in less than 24 hours, we'll get our first peak at apple's new phone, dubbed iphone 5. expectations are high it will offer everything from a larger screen to a panoramic camera. nevertheless, shares of apple dipped slightly today in advance of the announcement. and, as suzanne pratt reports, all investors should be watching how the stock performs. >> reporter: it's known as the "apple effect." apple's stock is up; so is the broader market. apple shares fall; major averages drop, too. the world's most valuable company makes up nearly 5% of the s&p 500 index. thanks to apple's huge gain this year, the s&p is up 14%. on the other hand, the apple-less dow is up only 9%. and don't forget the tech-heavy nasdaq. apple accounts for 13% of the weighting in that index. thanks to the shine in apple shares, the nasdaq is up 19% this year. with apple's outsized influence on the market, a warm welcome for iphone 5 tomorrow might make more than apple shareholders happy
and another warning about the fiscal cliff-- find a solution or risk a lower credit rating for america. that and more tonight on nbr! in less than 24 hours, we'll get our first peak at apple's new phone, dubbed iphone 5. expectations are high it will offer everything from a larger screen to a panoramic camera. nevertheless, shares of apple dipped slightly today in advance of the announcement. and, as suzanne pratt reports, all investors should be watching how the stock performs. >>...
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Dec 6, 2012
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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Jul 17, 2012
07/12
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fiscal cliff. >> susie: so where do the markets go from here? we have two guests tonight with the outlook on stocks and bonds. we begin with john manley, chief equity strategist at wells fargo advantage funds. john, you have been saying that the markets go sideways between now and the end of the year. tell us why. >> well, i think it's just too soon for it to go up. nothing is really fixed and it's really too soon for it to go down. things have are very cheap. we know what our problems are. we know what the issues are and if we have any problems we can sort of push them down the road. we are truck in this trading bin and it's very frustrating. >> susie: when do you see us breaking out of this trading band and should investors wait around? >> there is a pot of gold at the end of the rainbow in my opinion, at least. i think it's going to take six to nine months. the markets have become controllers of the decisionmakers. the markets are intolerant of in i excesses built into the system and they're correcting them. they are moving sharply lower when
fiscal cliff. >> susie: so where do the markets go from here? we have two guests tonight with the outlook on stocks and bonds. we begin with john manley, chief equity strategist at wells fargo advantage funds. john, you have been saying that the markets go sideways between now and the end of the year. tell us why. >> well, i think it's just too soon for it to go up. nothing is really fixed and it's really too soon for it to go down. things have are very cheap. we know what our...
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Oct 16, 2012
10/12
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cliff. more than half of the economists surveyed believe the bush-era tax cuts will be extended at least for another year. nearly 60% say they expect the social security payroll tax cut to expire at the end of this year. >> reporter: while most economists expect 2013 to look much like 2012, they say the pace of growth will likely pickup in the fourth quarter of next year, just in time for the 2013 holiday season. >> this is diane eastabrook in chicago. the temperatures are falling so why aren't gas prices falling too. i'll have details coming up. >> susie: japanese telecom giant softbank is taking control of sprint nextel. it's paying $20 billion for a 70% stake in the third largest u.s. cellular carrier. if the deal is approved, it will give softbank a big presence in the fast-growing u.s. telecom market. sylvia hall reports. >> reporter: right now, sprint is the third-largest u.s. wireless company. and with cash on hand from the softbank deal, it could completely change the market. sprint
cliff. more than half of the economists surveyed believe the bush-era tax cuts will be extended at least for another year. nearly 60% say they expect the social security payroll tax cut to expire at the end of this year. >> reporter: while most economists expect 2013 to look much like 2012, they say the pace of growth will likely pickup in the fourth quarter of next year, just in time for the 2013 holiday season. >> this is diane eastabrook in chicago. the temperatures are falling...
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May 22, 2012
05/12
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the worry about how bad the slowdown will be in china, the worry about the fiscal cliff that we are going to face at the end of the year. and then of course the issue with the financial stocks with the j.p. morgan issue, they all are sti out there and i think the market will react to incoming news and data. but all of those could give you a surprise on the down side. >> tom: have we seen this before? in other words last spring, greece was in the headlines, italy was in the headlines, portugal. china was slowing down. we had the debt ceiling debate coming up in the summertime, and of course we had the housing slowdown continuing to put pressure on the financials. so in other words, another deja vu for investors? >> yes, it's very similar to last year. two things are better. first they have injected a lot of liquidity into the banking system in europe. now they have to implement the structural changes, but the liquidity is there. secondly you have to say that the recovery in the united states at this point is a little stronger, a little older and a little more durable than it was a year ago
the worry about how bad the slowdown will be in china, the worry about the fiscal cliff that we are going to face at the end of the year. and then of course the issue with the financial stocks with the j.p. morgan issue, they all are sti out there and i think the market will react to incoming news and data. but all of those could give you a surprise on the down side. >> tom: have we seen this before? in other words last spring, greece was in the headlines, italy was in the headlines,...